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The MiCA deadline

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eumica editorial
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ESMA data
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Short answer

1 July 2026 was the first day with no MiCA transitional period available. MiCA Article 143(3) fixed that date, and ESMA said the period would “officially expire across the EU on 1 July 2026”.
CASP rules applied
30 December 2024
Final backstop
1 July 2026
Fixed by Article 143(3)
Windows closed before 2026
9 of 30 states
Current CASP entries
365
290 authorised by 30 June 2026
On this page4 sections
  1. The deadline, country by country
  2. The special cases: Poland, Estonia, Spain, Norway
  3. What changed on 1 July 2026
  4. What if your exchange missed the deadline?

Since 1 July 2026, a firm that provides in-scope crypto-asset services in the EEA generally needs an Article 63 CASP authorisation. An eligible Article 60 financial entity can instead complete the required notification. A pending application does not permit a firm to operate. Firms without permission must wind down their EU business in an orderly way.

The deadline, country by country

MiCA’s CASP rules applied from 30 December 2024. Each member state could give existing, nationally registered firms a transitional (“grandfathering”) period of up to 18 months. The table covers all 30 EEA states using ESMA’s official list of grandfathering periods and any national statutes that supersede the list.

Transitional windows, 30 EEA states

  1. 6-month window
    • FI Finland
    • HU Hungary
    • NL Netherlands
  2. 6-month window
    • SI Slovenia
  3. 12-month window
    • IE Ireland
    • SK Slovakia
  4. 12-month window
    • AT Austria
    • DE Germany
    • LT Lithuania
  5. 18-month window
    • IT Italy
    • NO Norway
    • ES Spain
    • SE Sweden
  6. 18-month window
    • BE Belgium
    • BG Bulgaria
    • HR Croatia
    • CY Cyprus
    • CZ Czechia
    • DK Denmark
    • EE Estonia
    • FR France
    • GR Greece
    • IS Iceland
    • LV Latvia
    • LI Liechtenstein
    • LU Luxembourg
    • MT Malta
    • PL Poland
    • PT Portugal
    • RO Romania
Each lane groups the states whose transitional period ended on the same date. The bar runs from 30 December 2024 to that date.
Transitional period end date and regulator for each EEA state
RegulatorNotes
AustriaAustrian Financial Market Authority (FMA)Austria used a 12-month transition that ran to 31 December 2025 (MiCA-VVG section 23).
BelgiumFSMA / National Bank of Belgium (NBB)-
BulgariaFinancial Supervision Commission (FSC)Eligible firms had to apply by 8 October 2025.
CroatiaCroatian Financial Services Supervisory Agency (HANFA)-
CyprusCyprus Securities and Exchange Commission (CySEC)-
CzechiaCzech National Bank (CNB)The full window applied only to eligible firms that filed by 31 July 2025.
DenmarkDanish Financial Supervisory Authority (Finanstilsynet)Only firms that operated before 30 December 2024 and applied by that date could use the transition.
EstoniaEstonian Financial Supervision Authority (Finantsinspektsioon)Former FIU virtual-currency licences did not convert automatically into MiCA authorisation.
FinlandFinnish Financial Supervisory Authority (FIN-FSA)Finland used a shortened six-month transition.
FranceAutorité des Marchés Financiers (AMF), with ACPREligible PSANs used the full window.
GermanyFederal Financial Supervisory Authority (BaFin)Germany used a 12-month period and created a separate simplified procedure for eligible firms.
GreeceHellenic Capital Market Commission (HCMC)-
HungaryMagyar Nemzeti Bank (MNB)Hungary used a shortened six-month transition.
IcelandCentral Bank of Iceland-
IrelandCentral Bank of Ireland (CBI)Ireland used a 12-month transition.
ItalyCONSOB, in consultation with Banca d’ItaliaOAM-registered firms, or a group company, had to apply by 30 December 2025. Firms that did not apply had to stop on that date.
LatviaLatvijas BankaFirms that did not apply to Latvijas Banka by 30 June 2025 had to stop then. Applicants could continue until a decision, within the MiCA limit of 1 July 2026.
LiechtensteinFinancial Market Authority Liechtenstein (FMA)Eligible TVTG-registered providers used the EEA backstop.
LithuaniaBank of LithuaniaLithuania used a 12-month window that ended on 31 December 2025.
LuxembourgCommission de Surveillance du Secteur Financier (CSSF)Eligible pre-MiCA providers could use the maximum period.
MaltaMalta Financial Services Authority (MFSA)Eligible VFA providers could use the maximum period.
NetherlandsNetherlands Authority for the Financial Markets (AFM)The Netherlands used a six-month transition.
NorwayNorwegian Financial Supervisory Authority (Finanstilsynet)A December 2025 national regulation extended Norway beyond the date in ESMA's older table.
PolandNo designated CASP authority (KNF was proposed)ESMA's list still shows a six-month period, but Poland never enacted it. The KNF gives 1 July 2026.
PortugalBanco de Portugal-
RomaniaNo authority listed by ESMA (TBA)-
SlovakiaNational Bank of Slovakia (NBS)Slovakia used a 12-month transition.
SloveniaSecurities Market Agency (ATVP)Slovenia used a six-month transition that ran until 1 July 2025 (ZIUTK Article 21).
SpainComisión Nacional del Mercado de Valores (CNMV)Spain first notified 12 months but adopted no law to shorten the period. ESMA's December 2025 update shows 18 months, and the CNMV gave 30 June 2026 as the end.
SwedenFinansinspektionen (FI)Eligible firms had to apply by 30 September 2025. Applicants could continue until the end of June 2026.

The 12-month states closed one day apart. Ireland and Slovakia closed after 30 December 2025. Austria, Germany and Lithuania ran through 31 December 2025 because their laws name that day, as in KMAG section 50. The maximum 18-month period, counted from 30 December 2024, reached 1 July 2026. The final backstop was therefore 1 July 2026. Some states, including Spain, Italy, Sweden and Norway, gave 30 June 2026 as the last day.

The special cases: Poland, Estonia, Spain, Norway

  • Poland

    Window ended

    Poland: the KNF said on 23 June 2026 that no Polish competent authority had been designated under MiCA. Applicants therefore need to check the live national position because an older VASP registration does not establish a MiCA application route. The VASP-to-CASP transition guide lists the extra controls and evidence that a MiCA application needs. ESMA’s list still shows a six-month Polish period, which Poland never enacted. The KNF notice gives 1 July 2026. KNF notice

  • Estonia

    Window ended

    Estonia let its old FIU virtual-currency licences expire on 1 July 2026 with no automatic conversion. Under KrüTS section 48(5), a former licensee that applied before 1 July 2026 and awaits a decision is not treated as operating without a licence, but it may not sign new client contracts. Payments firm Lightspark received a CASP authorisation in June 2026. Estonian FSA notice

  • Spain

    Window ended

    Spain first notified a 12-month period but adopted no law to shorten the transition. ESMA’s list was updated to 18 months in December 2025, and the CNMV said the transition ended on 30 June 2026. The Spain licensing guide explains the current CNMV route.

  • Norway

    Window ended

    Norway extended its national transition by regulation in December 2025 to 30 June 2026. The cited ESMA list does not show that national change.

What changed on 1 July 2026

  • Binance withdrew its EU application on 24 June 2026 and announced service restrictions for affected users in several EU markets. The not-licensed list tracks other firms that continued to appear without authorisation.
  • The register has 365 current legal-entity entries as of 6 October 2026. Of these, 290 carry an authorisation date on or before the 30 June 2026 deadline; the rest were authorised later. The largest home states are Germany, France, the Netherlands, Cyprus and Malta. The full CASP register lists every entry. The licensed exchange list identifies the major consumer exchanges among them.
  • Firms that missed the deadline are expected to close EEA business in an orderly way. Account, trading and withdrawal availability varies. Check the platform’s dated notice for the service and entity involved.

What if your exchange missed the deadline?

MiCA regulates the provider. A user does not commit a MiCA offence merely by using an unlicensed exchange. Do not assume that CASP conduct, safeguarding or complaint rules apply to the service. Verify the contracting entity in our directory and follow its official dated notices. You can also compare MiCA-licensed alternatives.

Sources for country windows

  1. ESMA list of Article 143 grandfathering periods (file dated 19 May 2026)esma.europa.eu
  2. ESMA April 2026 statementesma.europa.eu
  3. Germany: KMAG §50gesetze-im-internet.de
  4. Austria: FMA on the transition to 31 December 2025fma.gv.at
  5. Lithuania: Bank of Lithuania on the end of the transitionlb.lt
  6. Italy: Legislative Decree 129/2024, Article 45normattiva.it
  7. Latvia: Crypto-Asset Services Law, transitional provisionslikumi.lv
  8. Sweden: Finansinspektionen, 1 July 2026fi.se
  9. Slovenia: ZIUTKuradni-list.si
  10. Netherlands: Staatsblad 2025, 28zoek.officielebekendmakingen.nl
  11. Ireland: Central Bank of Irelandcentralbank.ie
  12. Slovakia: National Bank of Slovakianbs.sk
  13. Spain: CNMV statement from June 2026cnmv.es
  14. Norway: forskrift 18 Dec 2025 nr. 2854lovdata.no
  15. Poland: KNF notice, 23 June 2026knf.gov.pl

The page was reviewed 14 October 2026. Use the page as general information and obtain legal advice for your case.

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